
Natural gas futures jumped 18 percent on Wednesday to a four-year high on record trading volume of over 1.2 million contracts. The surge followed colder weather forecasts and fears of a tight winter supply, with storage at a 15-year low for the time of year.
The move was the biggest one-day gain in years.
A record one-day rally driven by cold forecasts and low storage signals that prices may stay elevated through winter, raising energy costs for feed processors and grain driers. The volatility also reflects heavy short-covering that could amplify further weather-driven moves.
Dopo 221 eventi meteo rialzista passati, Gas naturale si è mosso in mediana di +3,3% in 5 sedute (61% in rialzo; metà centrale da -5,2% a +14,0%), e di -0,3% in 20.
Variazioni del benchmark di ciascuna materia prima rispetto all'ultima chiusura prima dell'evento. Le letture storiche raggruppano eventi passati dello stesso tipo; descrivono ciò che è accaduto, non ciò che accadrà. Non è consulenza di investimento.
Reports a record-volume futures surge to a four-year high on 2018-11-14 driven by colder forecasts and a 15-year-low storage position, which matches the date of the move (demand and supply tightness).